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Nov 15, 2012
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that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's guy lost. and so even as they lose the presidency, thanks to a devastating gender gap in the polls, and at the same time they send even fewer republican women to congress than were there before, republicans did today pick for this small, low-profile national republican number four leadership role an actual woman. and that's the best they've ever done. that's the highest ranking gop woman there has ever been in the house. back over on the senate side, republicans are faced with a dilemma set up for them by john mccain, as i was just discussing with bill burton. john mccain is suggesting that the
that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. ♪ here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it o off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. t. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna tra
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malib
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 16, 2012
11/12
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 14, 2012
11/12
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harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing
harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest...
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Nov 14, 2012
11/12
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that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today, extremely interesting when president obama was asked about comments from his former opponent, john mccain, who made some nasty comments about susan rice, the united states ambassador to the u.n. and she may well be the head of the state department soon. here's the president responding in a very personal way. i thought this was really a moment here. >> let me say specifically about susan rice. she has done exemlary work. she has represented the united states and united nations with skill and professionalism and toughness and great.
that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today,...
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Nov 14, 2012
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thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the country, this country a much greater deal of certainty and security that our health care system is going to be there for them if they need it. >> well, arkoosh i think in addition to the fact we live in a nation where we're taxed for merely existing, there are still some people who aren't decided about obama care. in fact, politico had exit polling after the election showing the country's split down the middle on whether obama care should be repealed, partially or interly or kept. "forbes" has an article out called "five ways to protect yourself against obamacare." a concern is a doctor participate in a mass exodu
thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the...
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Nov 18, 2012
11/12
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. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s fault if this deal falls apart. why that? the democrats and the president himself have done an effective job of essentially trashing republicans saying that this whole, the reason that there's a, you know, there isn't a deal in the first place, because it's their fault and that's not true. it's both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and that's going to happen and another tri
. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s...
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Nov 13, 2012
11/12
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>> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said in the past, that higher rates will kill the economy. there is bill kristol pointing out how we've done perfectly fine under higher rates in the past. >> what he's trying to get through to republicans, particularly the new class that came in in 2010, okay, you campaigned on all of these promises, but now it's time to govern and things have come to a standstill in washington over the last two years, and now with the fiscal cliff or fiscal curve coming, and the president being re-elected with more than 50% of the vote, it's time to make a deal. and everyone knows that in order -- that the real deal th
>> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said...
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Nov 16, 2012
11/12
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it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of i
it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive...
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Nov 14, 2012
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boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good job -- >> looks like he's going to get more political leeway. he doesn't have eric cantor. it seems like there's for trust between the two but, jackie, if the american people had known they not only were re-electing status quo but the same people are in the room that gave us the gridlock, i wonder how that ballot would have turned out. >> i wonder if he said it's going to be the same people in the room, and, you know, a lot of this is going to be theater. we were talking about that for the first couple of days, hopefully not weeks but there will be a lo
boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good...
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Nov 19, 2012
11/12
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mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and i'm sure he is going to accomplish some of that, but on either side when you dig in before the negotiations start, not only does it look bad, it makes the markets go up and down, and it creates instability, and insecurity among the people out here in the country feeling the pain and the brunt of some of the economic policies and the fact of the matter is that both sides need to come into it with some level of give and take, and that is how you govern and get it done, and if the president is going to ak kccomplish the polis that he did in first term that he
mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have...
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Nov 14, 2012
11/12
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if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal-making that the president wants to start his offer with more from the revenue side, the deal that fell apart, have $800 billion in revenue over ten years, now he might want to start with 1.6 trillion? >> sure, we're just -- let's put this in perspective. we have just over a trillion dollar budget deficit this year. so this part of raising additional reve
if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way...
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Nov 14, 2012
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boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to be in a position of actually having to lead. mcconnell can still be, because he's in the minority, can still be -- well, he can't make it his top priority to defeat obama but he can make it a top priority to defeat all of obama's policies. >> wouldn't it be great if they actually worked together? >> it's important to keep in mind john boehner is an old school guy willing to cut deals and be reasonable and compromise. now, the question is whether or not with eric cantor and the rest of the leadership kind of eyeing him how far he'll be able to go. but boehn
boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to...
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Nov 18, 2012
11/12
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. >> did anything that speaker boehner make you optimistic? was it just that urgency that you're talking about. >> well, it's the urgency but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and most importantly the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point not necessarily today decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so it doesn't take us up to christmas and milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado later. he said this really comes down to speak
. >> did anything that speaker boehner make you optimistic? was it just that urgency that you're talking about. >> well, it's the urgency but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and most importantly the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you...
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Nov 18, 2012
11/12
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WJLA
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i saw a picture of john boehner, this cartoon holdingter, john ehner the football and saying to me."a "trust >> there was an election on november 6 and the democrats did the parade who gis here? -- did not do that at e. who gives here? >> everybody has to giveve. >> it is true. of cannot tax your way out cannot slash you out of this get debt. you have to do both. >> gradually. >>>> the president seems to be deal -- a two-for-one every $1 of tax increase, he expenses by $2. . 1-2-3on-bowles had a ratio. republicans want zero. >> the business community does want us to go over the cliff. >> if he uses different -- orage, whether their republicans amenable to an increase in taxes -- >> use the word "revenue." >> you have e an nancy pelosi taking the position that it $1 million, not $250,000. said make itas $500,000. movement ise the going to come. >> we are nibbling at the edges. know, but that is where comes.ement >> i is there a deal behind clod doors that that we don't know about? i don't think so. posturing at this point. >> the tea party is not as was.g as it the memberswho came bac
i saw a picture of john boehner, this cartoon holdingter, john ehner the football and saying to me."a "trust >> there was an election on november 6 and the democrats did the parade who gis here? -- did not do that at e. who gives here? >> everybody has to giveve. >> it is true. of cannot tax your way out cannot slash you out of this get debt. you have to do both. >> gradually. >>>> the president seems to be deal -- a two-for-one every $1 of tax...
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Nov 18, 2012
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president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little better lately breaks down, everything is dysf
president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying...
WHUT (Howard University Television)
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Nov 14, 2012
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WHUT
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obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a
obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we...
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Nov 18, 2012
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that they've within boehnered will cause them to lose the international support they have. it's one of those 50-50 chance things but it's looking like everybody is looking fair way out. the question is, in a region like this, is there a way out. >> schieffer: well allen pizzey, who always shows up in the worst place where's the workforce things are going on, thank you. cbs news correspondent charlie dag tais on the other side of the border in gaza. charlie, bring us up to speed. what is the situation like there. >> reporter: well, the mood here is extremely teps, and the biggest worry is this dangerous and unpredictable situation may be about to get worse. as we drove through the northern part gaza strip, we were shown a couple of bombed out buildings, and one looked to be three or four stories high. it completely collapsed in a densely populated neighborhood. we also saw crater craters that looked to be in vacant lots. they may have been targeted because these are the areas suspected to hold rocket launching sites. the israel military has also started targeting media cente
that they've within boehnered will cause them to lose the international support they have. it's one of those 50-50 chance things but it's looking like everybody is looking fair way out. the question is, in a region like this, is there a way out. >> schieffer: well allen pizzey, who always shows up in the worst place where's the workforce things are going on, thank you. cbs news correspondent charlie dag tais on the other side of the border in gaza. charlie, bring us up to speed. what is...
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both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first statement election night after president obama won, to say the least not very generous. >> not quite bipartisan. >> if mcconnell holds to that line, then big trouble for the obama agenda and for what boehner and others hoped to accomplish and big trouble for the country. some things you feel congress is so out of touch, i don't know how they could be after this election but, you know, there's out of date as these belt and slacks men used to wear. >> the metaphors are beautiful. >> belts and slacks. >> i love it. >> but i actually think there is a lot of truth there, which is they have the lowest approval rating historically. the obstructionism i don't think you can play it again for another two years. >> i think this is one where the members of the republican caucus in the senate have to let th
both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first statement election night after president obama won, to say the least not very generous. >> not quite bipartisan. >> if mcconnell holds to that line, then big trouble for the obama agenda and for what boehner and others hoped...
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Nov 17, 2012
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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Nov 16, 2012
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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Nov 17, 2012
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...